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Kearny Financial hikes dividend by 16.7%

Kearny Financial (KRNY) will raise its quarterly dividend by 16.7 percent to $0.07 per share in 2019. The next dividend is payable on December 20, 2019 to stockholders of record as of December 6, 2019. A new annual rate of 28 cents per share yields 2.0% at a stock price of $14.10.

Kearny Financial Corp. is the parent company of Kearny Bank. Kearny Bank operates from its administrative headquarters in Fairfield, New Jersey, and its retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York.